The post XRP to Hit $3.4 Trillion Market Cap? Analyst Explains Ripple’s Possibilities and Price Predictions appeared on BitcoinEthereumNews.com.

The cryptocurrency market has long been a breeding ground for bold predictions, and XRP is once again at the center of attention with the latest technical and fundamental developments. Crypto analyst Egrag Crypto has forecasted an ambitious trajectory for XRP, suggesting that its market capitalization could soar to an astounding $3.4 trillion. While this projection may seem overly optimistic to some, the analyst has outlined a structured methodology behind this prediction, highlighting the role of logarithmic and non-logarithmic charting techniques. Breaking Down the $3.4 Trillion Prediction Egrag Crypto’s analysis hinges on the logarithmic measured move, a tool used to assess long-term exponential growth. According to his model, XRP’s market cap could reach $3.4 trillion, which translates to a price of approximately $58 per token. XRP could reach a $1 trillion market cap this cycle, emphasizing math, charts, and logic, with projections ranging from $200 billion to $3.4 trillion. Source: EGRAG CRYPTO via X For a more short-term perspective, the non-logarithmic measured move suggests a more conservative figure. Based on this approach, XRP’s market capitalization is expected to first reach $200 billion, pushing its price to a new all-time high of $3.5. Fibonacci 1.618’s significance at $1 trillion, noting that XRP’s past 15,000% surge makes a similar move to this level highly achievable. Source: EGRAG CRYPTO via X Interestingly, the analyst also argues that XRP could hit a $1 trillion market cap in the current cycle. He attributes this potential milestone to Fibonacci 1.618—often referred to as the “golden ratio”—which currently sits around $978 billion. Given that XRP experienced a 15,000% surge in the last market cycle, Egrag Crypto believes that this target is well within reach. What Could Fuel Such a Surge? For XRP to achieve such staggering figures, several catalysts would need to come into play. One of the…

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Filed under: News - @ February 21, 2025 5:25 pm